FoodCo bags top retail honor again, resilience keeps paying

FoodCo just snagged Retail Brand of the Year at the Nigerian Business Leadership Awards for the second time in a row, and it's their fifth trophy from that series overall. BusinessDay handed out the recognition, with publisher Frank Aigbogun praising the supermarket chain for staying competitive despite inflation problems, currency issues, and power grid nightmares that keep hitting Nigerian businesses.

CEO Ade Sun-Basorun thanked the team and customers through his HR chief, saying the company has been grinding since 1982, when it started as a single fruit stand. The chain employs over 2,000 people across South-West Nigeria, and they've made the Financial Times list of Africa's fastest-growing companies multiple times.
 

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